The study of economics leads students to understand how economic reasoning is used to determine how effectively society meets its human and material needs. The objective of the coursework is to train students in the way economists view the world and in their techniques for analyzing problems. The economics department strives to produce graduates who will be informed and able to participate in public and private decision-making in which economic considerations are involved.
Economic considerations permeate just about every aspect of life from small household decisions to major international disputes. A basic understanding of the principles of economics can shed light on a variety of disciplines such as mathematics, political science, sociology and history. Minors can enhance their primary field of study by understanding how economic forces affect decision-making and outcomes.